Gold Canyon Resources Inc V.GCU

GCU is so consistent

[peterot]

Cant beleive GCU has fallen so far after the resource estimate.  I was in and out a couple times prior the estimate being released but I am back in now a under $2 again.  I am kinda surprised particularly on a day when they release more good news.  This company cant miss.  hundreds of meters and 1o 2 grams is impressive even though the keep doing it over and over and over again.    The lake is a non issue.

[cavedude]

It is what it is unfortunately. Not GCU's fault as you know it takes an investor to sell to affect the SP. The less sellers, the more expensive the sp. I have seen this with more established plays as well. We are just going through a phase - not that makes me or you feel any better about it. The good thing to take away from today is that they are doing what they said they would do - drill the

[Geospot]

You said it, Cavedude: It is what it is. Looks like somebody needed to get out of a large block and waited for the first news to have the volume to sell into. Unfortunate, but this stuff happens. That we are not over $3 seems just stupid, IMHO. The only bright side is that this particular seller should be washed out after today. Nothing to do but look forward to the next, and hopefully more